Key Tax Data 2016

At HFG Trust, we understand that many of our clients and prospective clients file their own tax returns. Those that do not file their own taxes, may work closely with their accountants and CPA’s to explore different strategies to minimize Federal Tax Liability. Others may not file but are actively contributing to their retirement, whether through their employer 401k plans or into their own IRA’s.

Current Shiller Ratio

At HFG, we have spoken extensively about the valuation metric known as the P/E Ratio. This is simply a multiple that compares price with earnings value not dissimilar to real estate metrics like price to square footage.

On September 9, 2015 the C.A.P.E. had a reading of 24.62. This is still above average and has been higher in only two other occurrences. Those are, the Dot.com bubble and Black Tuesday of 1929. We believe this metric should be monitored periodically as it provides good insight into the current investment climate we are in.

50 year Anniversary of Berkshire Hathaway

On February 28th, 2015 Berkshire Hathaway released the annual shareholder letter from Warren Buffett and Charlie Munger. Each is regarded as pillar in the investing community, with Buffett in particular being quoted and scrutinized for his current investment picks. There is a reason they call him the “Oracle of Omaha”.